Raleigh Kiwanis Foundation Inc
- Assets
- $1.1m
- Revenue
- $103.1k
- Investments
- $1.1m
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 07/1958
- Data as of
- 12/2021
- EIN
- 56-6045235
Organization Overview
Raleigh Kiwanis Foundation Inc is located in Raleigh, NC. The organization was established in 1958. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Raleigh Kiwanis Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Raleigh Kiwanis Foundation Inc generated $103.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (12.1%) each year. All expenses for the organization totaled $55.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Raleigh Kiwanis Foundation Inc has awarded 103 individual grants totaling $201,340. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacy Askew President/board Member | 2 | $0 | |
John Mcclain Secretary/board Member | 0.5 | $0 | |
Brian Bennett Treasurer | 1 | $0 | |
William Pappas Board Member | 0.5 | $0 | |
George Ramsay Board Member | 0.5 | $0 | |
Marythrease Harrell Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25,907 |
| Interest on Savings | $0 |
| Dividends & Interest | $40,795 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $22,114 |
| Capital Gain Net Income | $22,114 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $14,245 |
| Total Revenue | $103,061 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,277 |
| Total operating and administrative expenses | $13,197 |
| Contributions, gifts, grants paid | $42,650 |
| Total expenses and disbursements | $55,847 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,613 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,055,750 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,093,363 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Raleigh Kiwanis Foundation Inc has awarded $42,650 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
HELPING HORSE THERAPEUTIC RIDING PROGRAM PURPOSE: THERAPEUTIC HORSE-BACK RIDING LESSONS | $3,000 |
Raleigh, NC PURPOSE: EDUCATION FOR CHILDREN WITH SPECIAL NEEDS | $2,500 |
Raleigh, NC PURPOSE: PROVIDE AGE APPROPRIATE CLASSES IN DEVELOPING STABLE LIVES THROUGH JOB AND LIFE SKILLS TRAINING | $2,500 |
Raleigh, NC PURPOSE: COLLECTS DONATED FURNISHINGS FOR PEOPLE TRANSITIONING FROM HOMELESSNESS, CRISIS OR DISASTERS. | $2,500 |
COMMUNITY MUSIC SCHOOL PURPOSE: PROVIDE AFFORDABLE MUSIC LESSONS AND ENSEMBLE OPPORTUNITIES TO CHILDREN FROM LOW-INCOME FAMILIES | $2,000 |
BOYS & GIRLS CLUB PURPOSE: PROVIDE ACCESS FOR CHILDREN 6-18 YEARS OLD TO PROGRAMS TO REACH THEIR FULL POTENTIAL | $2,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Raleigh Kiwanis Foundation Inc has recieved totaling $375.
| Awarding Organization | Amount |
|---|---|
Baird Foundation Inc Milwaukee, WI PURPOSE: GENERAL CHARITABLE | $375 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Randolph Community Service Inc Randleman, NC | $1,820,869 | $8,445,154 |
Virginia Regional Transit Purcellville, VA | $16,382,383 | $8,231,477 |
Jaars Inc Waxhaw, NC | $12,433,340 | $6,450,483 |
Lynchburg South Lodge No 1727 Loyal Order Of The Moose Lynchburg, VA | $3,317,172 | $6,195,077 |
Pee Dee Coalition Against Domestic And Sexual Assault Florence, SC | $7,943,993 | $6,463,793 |
Solutions That Empower People Inc Rocky Mount, VA | $2,704,443 | $4,763,662 |
Rooftop Of Virginia Cap Galax, VA | $1,411,246 | $4,260,955 |
Heart Of Ga Community Action Council Inc Warner Robins, GA | $1,148,335 | $3,700,784 |
Community Assistance Center Inc Atlanta, GA | $5,646,342 | $4,660,397 |
Mt Olive Community Outreach Center Inc Albany, GA | $5,405,895 | $2,935,637 |
Verona Lodge No 2172 Loyal Order Of Moose Verona, VA | $1,329,295 | $2,797,840 |
Ruritan National Corp Gate City, VA | $138,336 | $2,816,142 |